In a bid to boost the State revenue amidst the dire straits of the economic crisis, the Government has decided to introduce a new State Asset Management Act. The move will enable it to prepare a national asset register and to introduce a central database related to State assets. “The absence of a focal agency for the management of the public assets has led to misuse of multiple Government assets over decades. However, the management of those assets have now recognised as a priority, as those could earn a significant amount of revenue to the Government coffers with the introduction of this new …